Murrey Math Oscillator Pro

Regular Price $346 Special Price $260

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Product Description

Murrey Math Oscillator Pro is a new oscillator calculated based on the position of price in relation to the midline of the Donchian channel, with options for price smoothing. Our calculation formula ensures that the indicator values oscillate between -100 and 100.

The Murrey Math's concept was then applied to this product to divide the range of the oscillator values into 8 regions (hence the product name):

  • Positive Quadrant 1st: 0 to 25
  • Positive Quadrant 2nd: 25 to 50
  • Positive Quadrant 3rd: 50 to 75
  • Positive Quadrant 4th: 75 to 100
  • Negative Quadrant 1st: 0 to -25
  • Negative Quadrant 2nd: -25 to -50
  • Negative Quadrant 3rd: -50 to -75
  • Negative Quadrant 4th: -75 to -100

For ease of recognition, the oscillator plot can be colorized in 8 different user-defined colors corresponding to these 8 quadrants.

A moving average of the oscillator was added to help generate reversal signals, which become the best value of this indicator:

  • A bullish reversal signal is provided if the oscillator crosses above its moving average in the lower zone.
  • A bearish reversal signal is provided if the oscillator crosses below its moving average in the upper zone.

The upper & lower zones are identified based on "Strict Mode":

  • "Strict Mode" enabled: The upper zone is above 75 and the lower zone is below -75.
  • "Strict Mode" disabled: The upper zone is above 50 and the lower zone is below -50.
Dedicated NinjaScript signals:
  • Signal_Trade: 1 = bullish, -1 = bearish, 0 = no signal
  • Signal_State:
    • 4 = positive quadrant 4th (75 → 100)
    • 3 = positive quadrant 3rd (50 → 75)
    • 2 = positive quadrant 2nd (25 → 50)
    • 1 = positive quadrant 1st (0 → 25)
    • -1 = negative quadrant 1st (0 → -25)
    • -2 = negative quadrant 2nd (-25 → -50)
    • -3 = negative quadrant 3rd (-50 → -75)
    • -4 = negative quadrant 4th (-75 → -100)

Software Changelog

  • 24 Nov 2022 - The indicator was released (build new).

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From very happy customers... 500+ reviews →
  1. product_image Murrey Math Oscillator Pro $$
    5 5

    Excellent Programmer - Excellent Service

    I have been working with Pi for some time now and I am VERY VERY Glad I found him! I am using Smart Ruler, Superfast Ordering, and Active Market Monitor everyday. I even tested out Opening Print and it works perfectly -- no bugs and just like in the videos. If you are an Opening Range guy you can consider that one too. I mostly use Smart Ruler, Active Market Monitor and Superfast Ordering everyday. We have built 2 custom projects already including the super challenging Superfast Ordering! It was very challenging to get Ninja to to do what we wanted but were able to find a solution. I then CUSTOM CODED a MACRO to my keyboard so that I can just press one letter and get the order on the chart. :) :) Very nice. We will how much farther we can that the Order Placement Indicators. I also feel I have to say that Pi was very professional and communicative always - as other reviewers have said. Great guy - Definitely my go-to guy for my other indicator projects that I have to do. :) We actually have another project in the works! Which I cannot wait to try. :) hehe ~Cheers!

  2. product_image Murrey Math Oscillator Pro $$
    5 5

    Volume Delta

    My compliments to the programmer of the Volume Delta indicator. Easy to install, easy to use, easy to understand its purpose. Even I can understand and use this indicator and that’s saying a lot!

  3. product_image Murrey Math Oscillator Pro $$
    5 5

    BEST !!!

    Thanks for the absolute BEST indicators and the most creative, good-looking and useful website You really DO HAVE the best website. Its graphic design is top and it's very easy to navigate and your gift of free indicators that are truly USEFUL is most appreciated. Thanks for all your hard work in this totally difficult environment! And Happy Holidays no matter what is your background. I am a Christian but we are ONE HUMAN RACE.

  4. product_image Murrey Math Oscillator Pro $$
    5 5

    Market Profile

    Market Profile (Flexible) for NT7 did not correctly show the price labels for financials instruments, ZB/ZN/ZF. It was fixed almost immediately after I reported the problem. Great response !!
    The indicator itself is very easy to use and very useful for me.

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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